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of office today protected the state of the economy. they said two things. number one, the deficit this year is going to come in lower trim dollars, the first time in the obama years. and they also said we're only goal going to great growth of 1.4%. they're saying if you cut spending, you will cut the deficit. if you raise taxes, you will cut the deficit. they're saying the exact opposite to you. >> doesn't make sense. i don't think the government is going to collect all the new revenues they're protecting because when you start taxing investors, small businesses, they tend to cut back and don't have the profits to pay taxes on. the presidentes distracting from the real conversation, stewart. we have to cut spending. there are many areas of the government where we duplicate other areas, where there's wasteful spending. we need to move some things back to the states and need to make a commitment to balance our budget within ten years. if we do that, we see our markets and our economy improve almost overnight. >> quickly, jim, do you predict dealt disaster if you raise taxes? >> i think our de
in the hospital or rehabilitation facility. >> ahead, newest projections on the federal deficit. first we'll talk about the economy and political issues with house majority leader, eric cantor. don't go away. [ coughs ] [ angry gibberish ] i took something for my sinus, but i still have this cough. [ male announcer ] a lot of sinus products don't treat cough. they don't? [ male announcer ] nope, but alka seltzer plus severe sinus does it treats your worst sinus symptoms, plus that annoying cough. [ breathes deeply ] ♪ oh, what a relief it is! [ angry gibberish ] i'm here to pick up some cacti. it should be under stephens. the verizon share everything plan for small business. get a shareable pool of data... got enough joshua trees? ... on up to 25 devices. so you can spend less time... yea, the golden barrels... managing wireless costs and technology and more time driving your business potential. looks like we're going to need to order more agaves... ah! oh! ow! ... and more bandages. that's powerful. sharble data plus unlimited talk and text. now save $50 on a droid razr maxx hd by motorola. th
money to reduce the deficit and will likely focus on a familiar target. white house correspondent wendell goaler tells us how that is going over. >> as the president headed to minnesota to talk about gun violence, republicans on capitol hill tried to keep the nation's attention on fiscal matters. >> we are having trouble in large part because spending is a problem. it is what is chasing jobs overseas and causing much anxiety about our future. >> sunday in a presuper bowl interview with cbs's scott kelly mr. obama said this year's changes shouldn't be the last. >> there is no doubt we need additional revenue coupled with smart spending reductions in order to bring down the deficit. he is not talking raising rates but closing loopholes especially those making money from investment pay a lower tax rate than income salaried or hourly wage earn ers. >> the average person doesn't have access to cayman island reports. they don't have access to interest income where they pay a much lower rate on billions of dollars they have earned. >> mr. obama says the only way to continue investing in
there is a better way to reduce the deficit. he's calling for cuts and reforms that will put us on the path to balancing the budget within ten years. you can see it live. we're keeping an eye on the white house. we'll bring you the president's remarks as soon as he gets to the podium. >>> we are tracking a developing story on new details from the justice department that seem to lay out its case for killing u.s. citizens if they're determined to be a terror risk. the memo first reported by nbc addresses issues raised after recent drone strikes including the one that killed american born al-qaeda leader, but now a bi-partisan group of senators says it wants to know why they were never briefed on what is apparently new presidential authority. chief intelligence correspondent kathryn her image is live with more. >> reporter: this letter signed by eight democrats and three republicans urges mr. obama to produce a highly classified memo that authorized the targeted killing program so that, quote, congress and the public can decide whether the president's power to deliberately kill american citize
are in for a massive and unsustainable increasing deficit if we don't get a handle on entitlements. good morning. glad to have you with us. gregg: the cbo is saying it deficit will go down to $840 billion. that's the first time it will drop a trillion dollars under president obama. martha: but with baby boomers retiring at the rate of 10,000 people a day. entitlement spending is set to explode. stuart, as we pointed out, there is a lot of enthusiasm that we won't rack up a trillion dollar deficit. >> reporter: the headline was all about the deficit is going to be below a trillion dollars. that's great news. the bad news and there is a lot of it. the next 10 years medicare will cost $1 trillion a year. obama-care subsidies will total nearly a trillion dollars. the cost of medicaid will double and the debt will go to the highest portion of tour economy than it's been in a generation. there is dismal views on the current state of the economy. 1.4% growth this year and the unemployment rate will rise at 8% and stay that way for years to come. martha: the cbo makes very clear we need to do some entitlement
baseline to 25% of gtp. this the in the new normal no interest in bringing down the deficit or the debt. >> we just did this whole fiscal cliff thing at the end of the year. we thought hey had a deal where we're going to raise revenues this way and cut spending this way, blah blah blah. listen to what president barack obama said just this past sunday. >> there's no doubt we need additional revenue. coupled with smart spending reductions, in order to bring down our deficit. >> was he crossing his fingers behind his back when he negotiated the fiscal cliff deal? sounds like he is going after more revenue. >> he'll never stop trying to raise taxes. whether or not he can succeed i don't know. he comes out of a far left ideology that believes in class warfare and radical wealth restriction and to feed that you need tax revenue coming from the so-called 1% on whom he raised tax throw it the fiscal cliff deal. he knows the real now is with the mitting class so he is coming for you. so -- >> wait, wait. right there want you to listen to this. this is also what he said. >> can we close some loop
to reduce the deficit but americans do not support less spending cuts for tax hikes. what some aresome of the details of what the president wants? reporter: the president is looking to crop $100 billion from the def site to buy an agreement that cuts a trillion and a half over the next ten years. he says the offer he made in late 2011 is still on the table. republicans say any additional revenue from tax reform should be used to lower everyone's tax rates. the president wants to cut the deficit. he says we can't afford to use it the way republicans want. >> if we are going to close these loopholes, there's no reason we should useoo the savings we obtain and turn around and spend that on new tax breaks for the wealthiest, or for corporations. if we're serious about paying down the deficit, the savings we achieve from tax reform should be used to pay down the deficit. and potentially to make our businesses more competitive. >> president's call comes a day after his two most southeastern defense advisors warned the sequester would make the country less safe, and the president says the dom
budget $850 billion will be the deficit and we looked at the charts. people will argue, probably the man here, that it's going to be down in the long term because of increased revenues, economic growth, sequester, higher taxes. but kimberly, if you look to 2013, it shoots back up. how can the president hold a press conference when he talks about cuts using the word smaller. >> there's so much shrinkage. the problem is the middle class is the working poor. that's what's the norm. people are so used to it now they don't realize it should be fixed. we could focus on cutting back on spending, thinking about how to stimulate jobs and the economy. we're so used to the stagnation, it's become acceptable and people aren't critical enough to say there's a better way to do this and a smarter financial way to make sense. >> is this the new normal? before we get to that, the white house scrambled after the cbo announcement to cobble the press conference together. what did you think? >> one of the things, if ear going to call press conferences, he has to take questions. if he goes to the white house
and force the president to come up with a deficit reduction plan of his own. carl cameron is here with more. >> reporter: republicans today made a pair of pretty significant statements. first, the house g.o.p. majority passed a measure calling on the president to submit two to congress by april 1st a budget that balances in ten years. g.o.p. is increasingly frustrated by the i insistence that the solution to deficit spending is more taxation. >>> president doesn't believe we have a spending problem. he genuinely believes the government spending causes economic growth. if that were true, the economy today would be thriving. it isn't thriving. >> washington has to deal with its spending problem. i watched them kick the can down 22 years down the road. its time to act. >> had he tahoe roundly dismiss the suggestion to postpone tens of billions of dollars of automatic spending cuts in defense and other departments on march 1st. defense secretary renewed pretty dire warnings today. listen.... >> my greatest concern today is that we are putting our national security at risk by lurching from budge
adding 10 to 15 billion dollars onto debt to keep running up these deficits year after year. something has to change. what's the answer? do we raise -- hold on. do we raise the price of stamps or renegotiate your contracts? >> first off, you talk about the billion that -- the money you just talked about, how much of that is the prepayment which he we are funding prepaid military benefits for all other agencies. we're the only government agency required to do that since 2006. >> all right. >> as mandated by. paea. so without that, how much of that loss would have been actual loss? >> well, i don't know, but i know for the last three or four years there have been multiple billion dollar losses that the postal service has thrown over to the treasury which myself and most of our viewers out here, we're funding the treasury but the postal service is throwing losses onto us. >> the postal service has not taken any taxpayer money. >> absolutely incorrect, ma'am. where is the money coming from? tell me where the money came from. >> the postal service has no record of taking taxpayers' money. w
've tried and tried and passed two measures to try to replace the sequester to go about managing the deficit whittling down the entitlement programs so we can save them. instead here we are again and the president says no, we've got to raise taxes. and the same strategy vilify the rich and i suppose don't raise the taxes on the rich and people are happy to do that and that the republicans want to cut programs that try, why would anyone who is in these programs or thinks he might have this program why would that ever be appealing to go the republican way. >> and first of all, we understand that the president is not led on this issue and there's no response whatsoever, and just raising taxes and to say that you can tax the rich and get rid of the problem it's fictional. and i believe we're for fiscal discipline, managing down the debt and deficit for a reason because we don't want a debt crisis to implode this country and our economy because if you see interest rates jack up because all of a sudden our debt is unsustainable. that means families will have to pay more every month in their mortga
of the gdp. discretionary and entitlement spending, we have record-breaking deficits. no one is stopping it. nwe have a spending problem. we don't have a revenue problem. johnathon first. >> yeah, we don't, eric we tax enough and so much of what our tax dollars go to are not specified in the constitution. to the congressman's point. it is specified in the constitution. food stamps and fema and epa and healthcare and all of the other money is found no where in the constitution . it is it basically taxing people's lives . until congress gets that out of their head when they tax and borrow, they are hurting individual americans . it is getting out of the control. >> congressman can why gree we have a spending problem and not a revenue. >> we have. as the commission said we should do spending reductions and two dollars of every tax dollar . if i could. there are stow many, look at glaxco smith kline . 7 years they had hid from the fda. >> let's stay on topic congressman. stay on topic. wayne, let a talk about we sphent 5.8 trillion in the last four years and what do we have for it . a negative
the issue right now is raising rates. the question is if we are serious about reducing our deficit can we stop waste in govment, can we conform healthcare programs in particular. we spend a lot more on healthcare than every other country does and we don't get better outcome. there are things we can do to reduce healthcare costs. >> and can we post loophole deductions lawyers take advantage of so they paoloer rates than bus driver or cop? if you combine those together you cannot only reduce the deficit but continue to invest in things like education and research and development that are going to help us grow. >> just a few hours from now president obama will continue his push for gun control. the heated topic on sunday talk shows. kelly wright is life in washington can more. >> president obama will travel to minneapolis the city that is making steps to curb gun violence. he will talk about the issue that can be taken on the federal level to reduce gun violence. it shows deep de visions over what toe do about curbing the violence. a former navy man watched his wife traumatic giffords watch
in the budget, but he says that he wants to ask congress to find a way to reduce the deficit in a balanced way to avoid these deep and indiscriminate cuts the large measure of which would come from the department of defense. we'll get you more on that, 12:15 the president will be speaking. a young girl's fight for her life spreading a message against taliban oppression, what an amazing story this is. we now hear from the 15-year-old girl from pakistan who was shot for just wanting to go to school. gregg: a florida teenage store did not take her court appearance very seriously until the judge laid down the law, but it's what she said that actually got her more time in the slammer. >> count one would be 10,000. >> are you serious? >> i am serious. adios. [bleep] >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your mon
in washington will be over. >> today i'm pledging to cut the deficit we inherited by half by the end of my first term in office. >> will be closed no later than one year from now, guantanamo. >> transparencieiey and the rul of law. >> sean: the set of lies, a brand new set of you be kept promises and they're starting to buildup. remember when our fearless leader said this. >> no family making less than $250,000 a year will see any form of tax increase. >> nothing in this plan will require you or your employer to change the coverage or the doctor you have. >> we've been extraordinarily careful not to in any way undermine the employer-based system. >> that's why my proposal builds on the current system where most americans get their insurance from their employer. if you like your plan, you can keep your plan. >> sean: guess what, while he couldn't keep those promises either. middle class taxes have gone up and will continue to do so thanks to the administration. when it comes to obamacare, the cbo projects by 2022, 7 million americans will not be able to keep their employer insurance program thank
an economic value of negative $16.3 billion. that is basically a deficit in its capital reserve because of mortgages continuing to go bad. but one fha critic, ed pinto, of the american enterprise institute testified today by his analysis the fha is actually short by more than $50 billion. so critics say that this means the fha is headed for a bailout but, fha supporters say that the critics are hyperventilating. >> if the fha were a private financialness stigs likely somebody would be fired, somebody would be fined or the institution would find itself in receivership. instead it is merely merrily on its way to becoming the recipient of the next great taxpayer bailout. >> i don't think there are many independent people think we're looking at the next great bailout. yes, the fha is little bit of an issue at the moment because of its countercyclical mission, by the way it was part of a their original mission to come in during the difficult times. they did that and they are in trouble because of it. >> reporter: house republicans got legislation through congress last year to try to reform t
and the deficit and debt crisis, everyone is entrenched in their positions and sitting back and saying, i think sequestration is going to happen. you know who is going to take the brunt of it. the across the board nature of the cuts are going to hurt our ability to train and maintain, vehicles, ships and airplanes and the things that provide the readiness for our military are going to take a dramatic cut and we'll have done nothing to reform the way we spend money and put our country on a sound physical track. >> of course, pete, as we talk about cutting back, our enemies are ramping up and you see north korea doing more testing and iran moving possibly closer to nuclear weapons. do our enemies overseas pay attention to our budget woes and our plans here at home? >> sure they do. they look at our capabilities. they look at our disposition. they perceive us differently when we're perceived to be drawing back and pulling away from the world and cutting our capability. so, what happens in washington is watched very, very closely and that's why we have to demonstrate our commitment to maintaining t
a year. the deficit next year according to the congressional budget service $845 billion. they have $3 billion in tax increases against a $845 billion deficit. the point that you make is a good one. the president and he drove this thing in august of 2012. h20122011. he wanted the sequester. read woodward's book in page 226 or some where in this and the deep cuts in defense thinking at the time that would put enough pressure on republicans to get them to agree to higher tax. here we are he wants this thing delayed yet again but to be fair there has been a solution put forward. the house of representatives has not once but twice passed legislation that would replace the sequester and the deep defense cuts which do cause damage to our national security and our readiness with other cuts also in the budget. and that is something that has been rejected by the democrats here on capitol hill and by the president. >> greta: what i don't get is the gal to come out and ask for mother delay. i can't delay showing up for my job and neither canmy american. we can't keep asking for the delays and he
the clinton administration if we're going to pay off the deficit at some point. there is really no other way to do it without run away economic growth which we're not going to have. >> we're at a point where they have this so both sides are lined up for this battle going into may. if they propose any actual cuts in the senate on spending, i will buy you another one of those girlie drinks you have. >> all right. see, john. toby did get the last word. coming up, they were some of the biggest supporters of the health care law. but are unions starting to show buyers remorse? the cavuto on business gang on their new demand and why everyone may pay at the bottom of the hour. but up here first, nearly two-thirds of middle aged workers are doing something that someone here says could drive this number higher. whether you're young or old. this mid life crisis iser affecting you not their short-term agenda. [ woman ] if you have the nerve to believe that cookie cutters should be for cookies, not your investment strategy. if you believe in the sheer brilliance of a simple explanation. [ male announcer
to deficit reduction. the chairman of the president's council of economic advisers said, quote, today's report is a reminder of the importance of the need for congress to act to avoid self-inflicted wounds to the economy. on the plus side there was a jump in hiring despite the uncertainty washington faced as it flirted with going over the fiscal cliff at the end of the year. jon. jon: wendell goler at the white house krupb -fg some number crunching some numbers for us, thank you. jenna: for more of a look at the 7.9 unemployment rate we'll take a look a little bit of how the numbers really affect the average american. right now the labor department says there are nearly 12.5 million unemployed americans in this country. that doesn't include the so-called marginally attached. there's nearly 2.5 million people who are unemployed who have stopped looking for a new job, that is the number that represents them, or the 8 million people who are forced to work part time because they simply can't find full time work. overall the jobless problem is expecting close to 23 million people, and that
in order to bring down our deficit. if you combine those things together we cannot only reduce our deficit but we can invest in education and research and development that will help us grow. martha: what do you think about that at home and what does karl rove think about that. former senior adviser to president george w. bush. there was a lot in that sound bite. we know the tax hikes have kicked in, but the president is suggesting that we need more money from the american people essentially. >> we have a spending problem not a revenue problem. revenues this year are anticipated to be above the year they were in fiscal '08. they are going to be over $2.9 trillion over $2 trillion. spending has increased more rapidly than revenues. the tax revenues we got as a result of raising the rates on the top two brackets was eaten up about it congress in one spending bill proposed about it administration, the sandy relief measure. we have a spending problem and it's going to get worse. martha: during the campaign we heard from governor romney about changing the structure of the tax code long term inst
's fiscal uncertainty and is doing so nervously. >> we have massive deficit, big tax increase. no apparent willingness to get government off people's backs by reducing government spending. all of that is a heavy weight on the private sector. firms around the nation are sitting on their cash instead of creating jobs. >> on wednesday, the commerce department announced economic growth fell to a minus tenth of a percent, the last three months of last year. so the chairman of the president's council of economic advisors says other indicators remain positive. >> consumer spending increased. business investment; particularly, for equipment and software was strong. residential construction was strong. we are seeing signs of that in the jobs report. >> it also showed a larger number of people dropped out of the labor force than found jobs. former administration economist says some of that is to be expected. >> the population is aging, so we expect to have a fair number of people retiring every month for the next ten years or more as the baby boom is retiring. >> actually, the conference board repor
. let's reform the defense budget and look at the largest drivers of our deficit in mandate spending programs those on the left end of the spectrum don't want to cut. >>brian: they took gates cuts and are going try to up them by $500 billion. leon panetta takes over from them. has the same fear. here's what he said yesterday on "meet the press." >> we've got a plan for that possibility because there are so many members saying we're going to let it take place, but i have to tell you it is irresponsible for it to happen. i mean, why -- why in god's name would members of congress elected by the american people take a step that would badly damage our national defense, but more importantly undermine the support for our men and women in uniform? why would you do that? >>brian: that is inaccurate. it is the president who proposed these sequester cuts. this isn't congress doing that. and republican fear about these cuts, would you say that's accurate? >> i would say it's accurate. there is a growing resignation to them on the hill for some reason. i was there two weeks ago. everyone seems re
-old boy is safe and the kidnaper is dead. president obama says he needs more revenue to cut the deficit. he says he's talking about closing tax loopholes ones that benefit high income earners. the president was in minnesota today to talk about gun control. he asked members of his audience in minneapolis to press congress to take actions on proposals such as universal background checks for gun booirs. former official of the united nations nuclear energy says iran will produce enough fuel to make a nuclear bomb every two months. iran has not decided whether to pursue nuclear weapons. special report in washington starts. >> moments ago we heard from law enforcement and aut thoefrities regarding the release of the 5-year-old little boy who has been held captive for 7 days in alabama. let's go to jonathan for the latest. >> kimberly certainly some significant developments here mid afternoon people at the press site heard some sort of a boom. at the time we couldn't tell whether it was gun fire an explosion or a truck door shutting. it got everybody's attention we started hetding over looking
and deficits we would have a blueprint for spending. >> greta: it's the job and the law. i realize others before him going back to president johnson have ignored it, but the rest of it, we follow the law and do our job. why is this like it's okay to do it? there is no management when you don't meet these criteria? >> maybe because other than this show tonight, you look at a lot of pressure. it's a pattern, too. there are five other examples that i can point to that the president has not met a deadline. one is report how the sequester supposed to work, it's not done. they have missed most of their mid session reviews which is the midyear, mid-july deadline. they have also missed the chinese currency report and more recent the medicare trigger. you are supposed to have a proposal how to reform medicare. they ignored it. finally the regulatory agenda, two times a year, they put it off. finally issued two days before. >> greta: the house and senate signed a bill to suspend the debt ceiling until may. that is called suspending the debt ceiling, you raise the debt ceiling so you put a lid on wh
references to our trust deficit which has existed at times between this communit committeee cia. it would be wholly unacceptable to me. and i would make it a goal on day one of my tenure and every day thereafter to strengthen the trust between us. i have a reputation for speaking my mind, and at times in a direct manner, which some tribute to my new jersey roots. i hope that my candor will ensure that you get straight answers from me. maybe not the ones that you like, but you will get answers and they will reflect my honest views. that's the commitment that i make to you. i would like to say a few words about the importance of the men and women who serve in the cia. because of the confidence it requires, few americans will never notify the extraordinary sacrifices that these individuals and their families make every day. many risk their lives and at times have given their lives to keep us safe. if confirmed, i would make it my mission, in partnership with the congress to be make sure that the men and women have the trade, craft, ling giving skills and guidance to do their jobs. and they a
party cares about, deficit and other things. i don't think he does. i think they give him a pass on this because he is hispanic and he would go along and be in strong shape for 2016. >> the man who wrote the article said marco rubio has been able to walk the line or bridge the gap between traditional republicans or establishment and the tea party and then he's been able to do that because i like the line, he said that he speaks conservative as a first language. >> that's absolutely true. i do slightly disagree with what bob said, that's the reason why they're going to give him a pass is because he's hispanic. i don't think so. i think to your point, it's because he's incredibly persuasive and able to finally bring people together. if you listen to him go around and do those talk radio interviews with some of his most ardent critics last week, i mean, not just talk radio, but people on the very far right, they have come his way. he's very persuasive. i thing i love is he's not persuasive about the dumb stuff. he doesn't comment on dumb stuff. these hearings have elevated him. you
from non-defense programs. the fact check organization says only $1.4 trillion have the deficit reduction was in spending cuts. the rest came from tax hikes. >>> a seven-year-old colorado boy has been suspended from cool for lobbing an imaginary grenade in order to save the planet. he did not threaten anyone but violated the school's list of absolutes which forbids weapons real or pretend. his mother doesn't think it's realistic important second graders but the school district tells the herald newspaper the story is more complicated than being portrayed. >> finally as the associated press puts it, no wonder they are in danger. galapagos for advertises aluminum period around while a pianist played getting them in the mood to mate. they did not appear to be aroused by his romantic style of music but they seemed to perk up for carrots. >> iran's leader rejected one-on-one talks about its nuclear program. tehran has found another way to provoke the obama administration. amy kellogg has more from london. >> iran just released footage it claimed it extracted from a drone captured in 2
everybody needs to be involved in. >> spending and deficit needs to be under control. >> i have my concerns but... i do believe we have a person at the helm of the nation. let's steer it in the right direction. >> is it getting cold in here? >> not to me. >> what do you think the temperature is? >> one. >> why are you wearing a pink shirt? >> it's flesh colored. i don't like to get naked in front of another man. >> a lot of spending and a lot of debt. are you concerned about that? >> i think that... um... i zront a lot of money to begin with. but i did vote for obama. >> we're down right now as a country. >> we need to get back to we the people. less government. >> we're doomed, doomed. >> i don't know if it's really records r record spending. i'm not really sure about that. >> is there anything about the president that concerns you?. >> that he's trying to bring the country into the right direction. >> i'm concerned about gun control issue. everybody in florida wants their guns. >> i think he's doing a fair job considering what he had to come into. >> we wish him the best. >> he had four y
to say. our deficit is a big problem. >> what about our taxation system? when i pick up my bible, you know he what i see? i see the fairest individual in the universe, god, and he's given us a system. it's called time. >> well, he didn't stop there because carson is the head of neurosurgery at johns hopkins. listen to his take on obama care. >> he's my solution. when the person is born, give them a birth certificate, an electronic card and a health savings account. when you die, you can pass it on to your family members so that when you're 85 years old and you've got six diseases you're not trying to spend up everything. you're happy to pass it on and there's nobody talking about death panels. >> well, rush limbaugh said republicans could learn a thing or two from the good doctor. >> he sets out a position based on our principles of individual responsibility and free market that is a logical solution that makes total sense to everybody who hears it. >> this man said it while obama's sitting there. this is the kind of thing the republican party should have been saying for the past four
to an education. >> it was specially made, custom plate over the deficit in her skull which is this sort of size in the entrance. and, left-hand side of her skull. >> reporter: wow, the outspoken activist not giving up on her dreams to help others. her determination even stronger after outpouring of support she experienced following her injuries. >> because of these prayers god has given me this new life. and this is a second life. this is a new life. you want to serve. i want to serve the people. and i want every girl, every child to be educated. >> reporter: i love this little girl. malala's latest surgery restored her hearing with a cock letter implant. she will do so with a newly formed found decision, the malala fund, $10 million strong courtesy of pakistan. jon? jon: she is amazing, wow. >> reporter: so are the doctors. good for her. jon: jamie colby, thank you. jenna: new orleans was enjoying its moment in the national spotlight when suddenly the superdome plunged into darkness. the power outage putting the super bowl on hold for more than half an hour. what could cause a blackout right i
. president obama wants to preserve more spending, wants to cut the deficit by racing taxes. there are two different ideas of how to handle the economy. president obama won the election. the democratic party won the senate, and the republicans even lost a few seats in the house, so the democrats ar have just hd more momentum lately because they won. >> so what does that mean for us? >> well, it means -- it means that republicans are going to be fighting on the federal spening part but likely we're going to live in an economy that's structured according to president obama's wishes for the next four years because he got reelected. >> byron york, nice to see you from san francisco. always appreciate it. >> thank you, jenna. >>> the white house reaction to today's job report is this. the president's economic advisors saying critical investments are needed to promote job creation. that's part of the game plan. is more spending the answer here? former ohio democratic congressman and fox news contributor now dennis accuse k. spend what and spend it where? >> first of all, we can't be talking abou
to the deficit, and i'm just worried that one day we're going to wake up and the market's eyes are going to open up and say wait a minute, look at all these debt and start hitting the wrong way. but look. so far so good. for whatever reason the market likes what it sees, and i never argue with the market. it's kind of stupid to do that. i think you would be run over by a train if you bet against it right now. >> heather: gary kaltbaum joining us. thank you so much. we appreciate your insight as always. >> my pleasure. thank you. >> gregg: so he gave us the barney cam. remember that, and he was by president bush's side throughout his eight years in the white house. what the former president is now saying about his beloved scottish terrier. yeah the barney cam. >> heather: hours before the big game, gregg, new developments and allegations involving nfl player ray lewis. >> gregg: really? i'm so stunned. i'm surprised about this. >> heather: he's speaking out about this. >> gregg: he is? he's talking now? he wasn't really talking before. i'm stunned. >> heather: we'll hear what he has to say. >> i
are you thinking? this winter in storm. everybody at a deficit. this will be the first big storm we have had in a very long time big zacket. two storms now. this is where all the moisture is out across the south. cold air is with this system across the northern plains. both of these storms are going to continue to move up here. they will get together. we call it phasing the streams insteps city once it gets over water. that will happen areas across the northern hazell of jersey. philadelphia and d.c. nor of an new england storm. blizzard watches for boston and proched. very strong went with this. areas of new england definitely getting a monster storm boston and portland inland two feet 32-degree line make a difference for new york. going to be over 1 to 3 inches. maybe 3 to 6 if it goes farther toward the south. shep? >> shepard: not too bad for us. heavy fog may be to blame for a gruesome scene this morning after a series of crashes involving some 27 cars and trucks. officials say it happened on interstate 16 west of savannah, georgia likely because vanget as many as seven tractor trai
. >> the spending, especially the deficit, that needs to be under control. >> you really believe that? >> i have my concerns but i do believe we have a president that is at the helm of this nation and will steer it in the right direction. >> is it cold in here. >> not to me. >> temperature is -- >> why are you wearing a pink shirt. >> i'm trying to fit in here. it's flesh colored. >> i don't want to get naked in front of another man. >> a lot of spending and a lot of debt. are you concerned about that? >> i think that. [crickets chirping] >> um. >> i don't have a lot of money to begin with you about i did vote for obama. >> we're down right now as a country. we will come back. >> we need to get back to we the people. less government. >> we are doomed, doomed, doomed the next four years. >> i don't know if it's really record spending. i'm not really sure about that >> is there anything about the president that concerns you? >> i think he is trying to bring the country into the right direction. >> i'm a little concerned about the gun control issue. everybody in florida wants their guns. in crickets c
share. >> the fact is though, we can't finish the job deficit reduction through spending cuts alone. >> yes, we can. [ laughter ] >> we can. >> john: now, that is romance. before we go tonight. one more look at the radar on the scene from boston as the huge storm is getting ready to wrap you up. expected to dump as much as 3-foot of snow in massachusetts and new england. we at fox will be watching this closely. we have complete coverage for you this evening and again tomorrow as new england starts to dig out. that's it for "special report" for tonight. i'm john roberts in for bret baier. good night from washington. "the fox report" is next. >> shepard: this is the fox report. tonight, pictures from massachusetts. waves crashes as a major winter storm moves into the northeast. plus, any minute now we're expecting law enforcement to updates us on this manget the manhunt for this excop accused of killing three people and promising to kill many more. we will bring that to you live. plus, the secret service looking into who apparently got into the email accounts of the bush family. but f
put together before some real decisions have to be made about our budget, our debt and our deficit. big questions today, the president's remarks 1:15 eastern time. >> reporter: and we're here in the newsroom, joadty is back on the witness stand again today, she's trying to stay off of death row. of she said she killed her boyfriend out of self-defense, prosecutors will ask her why that meant shooting him in the head and stabbing him 27 times. >>> also, the whole country very, very relieved to hear that 5-year-old boy who had been held hostage in alabama was freed successfully. we'll talk with a child psychologist about the emotional challenges that boy will now face. >>> and everyone knows you can't get blood from a stone, but can you get water from a rock on mars? nasa's trying to find that out. we've got an update for you. second hour of "happening now" starts right now. ♪ jenna: great to have you with us, everybody, on this tuesday. i'm jenna lee. jon: and i'm jon scott. a soft spoken and relatively calm jodi areas stet to take the -- set to take the stand again today. areas,
ceiling, which does not one thing to add to the budget deficit. not one nickel of spenning, it's agreeing to pay the bill. we waited seven months and threaten ord credit rating. the american people are sick of that. they want action. they want their taxes low, as we just saw happen reinly in avoiding the fiscal cliff -- which came as i might add through bipartisanship. the republicanses came through with the table to what obama proposed and he compromised with raising it to the $4,000 level. that's the action that people want to see. >> speaking of our president, he said during obamacare, oh, you're premiums wouldn't be raised. sorry, david. that's exactly what we are seeing -- >> when 2014 comes along -- [overlapping dialogue] >> americans are not able to keep their health insurance. another thing the president promised. >> i have to say, after an absence of david being out, with personal issues and health issues, we are glad to see you back. >> it's a pleasure to be back. >> happy to have you both. >> a bus transporting a philadelphia youth group rammed into a boston-area bridge, injuri
$745 million in budget deficits over the next decade because of a widening gap between how much they're actually making and spending. good luck, ravens. gretch? >> gretchen: thank you, brian. "fox & friends" has gone to the dogs. champion dog, that is. the westminster kennel club dog show, america's second longest continuously held sporting event. today we're honored to have some of the pups competing. joining me live, the voice of the westminster kennel club, david frye. hard to believe it's been another year. >> it goes by fast. >> gretchen: so what's this beautiful creature? >> this is a tibetan mastiff. it's again, we talk about new breeds, it just means they're newly recognized because they've been around for thousands of years. we finally got them out of tibet and over here to this country. you can see what a wonderful regal dog it is nonresponsive this is in the working class. >> yes. kondra. >> gretchen: let's have her go off with her owner. how much does she weigh? >> probably 140 or 50 pounds. >> gretchen: then the little guy. i used to have a jack russell terrier. that's w
and that means getting the deficit down and creating some certainty for business so that they feel comfortable hiring and investing again and really getting the economy moving. >> brian: i'll give you an example. i was shocked to see so many people feel he's killing al-awlaki with drones in yemen. what if the president of the united states gives the green light to take out a pick pocket or someone of his political enemies. that's some of the buzz that goes on. how do you get rid of that? >> there have always been conspiracy theories. going back to the founding of the republic, but i think the main thing is, brian, to focus on those things that resonate with people in their daily lives. as i mentioned, job security and growing the economy, getting the deficit down. the country is still heading to an unsustainable debt situation. the cost of college, the cost of health care. those basic bread and butter issues that the government starts tackling those, i think these conspiracy theories will have a lot less traction. >> brian: you believe the middle is the place to get the country back, don't you
thing with the deficit commission he created withers kin bowles a few years back. he is paying a lot of lip service to the american public about their top concerns and top concerns of this country and not having a lot of action or substantive action to bring about real solutions. bill: here are the fact we know, alan. in 24 months they met four times. >> correct. the empty met with them four times. there were other meetings the president did not attend. by the way they have been active 16 of 35 proposals and only two year charter. i wonder were republicans praise worthy when they formed the council and saying we don't need a council. that will not create jobs. now all of sudden they're upset he is ending the council. they never sported it first place. bill: implemented 16 recommendations. can you name one. >> i don't have the list here, but all the reports come out say that's what he did. bill: can you name one that worked? >> i don't have the list of them, bill. but the fact is the cynical, cynicism you seem to express as though simply having a jobs council, that is what creates job
, deficits and taxes and is sequesters and potl government shutdown, but all from the perspective of how are we making sure that somebody who works hard in this country, a cop or a teacher or a construction worker, or a receptionist, that they can make it if they work hard? and that their kids can make it? >> what's the message there to you, chris. >> he wants to be a transformative president in the second term and move from the center right idea that says cutting and less government is better ffr the economy to one that says that the government can plan, organize, direct economic activity and take tax revenues and borrowed money to stimulate and help out these middle class people, but it doesn't sync up with what people are thinking now so the president has a big sales job ahead of him and to your point, you and janice were talking about, if you've already been hit by one storm, the recession that followed the panic of 2008 and if you're waiting for the next storm to hit land, my goodness, not receptive to the idea of the government borrowing more and taxing more when you think that's a
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